Killa Says Bitcoin Is Unlikely to Revisit $62,600 or $65,800 Levels

Analyst Killa said many traders focus on imbalance zones, weekly fair value gaps, and low-volume areas within specific price ranges. According to ChainCatcher, Killa argued that in a bull market, most imbalance zones formed by strong rallies are unlikely to be fully filled, and historical data suggests explosive bottoming candles often remain unfilled. Killa said Bitcoin is unlikely to retest the $62,600 leveraged long entry level or return to the publicly shared $65,800 spot average cost basis. He added that the worst-case scenario may involve some form of capitulation near $70,000, while Bitcoin is more likely to hold the $73,000 to $75,000 range before starting another rally toward $85,000.